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These days, finding an affordable place to live in the 97304 area can be challenging. Home prices in 97304 are now at a median cost of $515,580, higher than the Oregon average of $502,078.
The average cost of rent is $1,764/mo in 97304, primarily driven by the current value of real estate in the 97304 area. In 97304, 35.94% of households rent, and 29.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97304 is $8,760 per month. Households that rent pay about 20.13% of their income on rent here. 97304’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 97301, OR: less expensive homes
- 97310, OR: less expensive homes
- 97302, OR: less expensive homes
- 97303, OR: less expensive homes
- 97305, OR: less expensive homes
- 97306, OR: equally priced homes
- 97371, OR: higher priced homes
- 97317, OR: less expensive homes
- 97351, OR: less expensive homes
- 97392, OR: higher priced homes
Zip Codes with Similar Populations
- 28056, NC: less expensive homes
- 28803, NC: equally priced homes
- 29577, SC: less expensive homes
- 30341, GA: less expensive homes
- 35630, AL: less expensive homes
- 48035, MI: less expensive homes
- 98445, WA: less expensive homes
- 94114, CA: higher priced homes
- 92131, CA: higher priced homes
- 86442, AZ: less expensive homes
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